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What is Tariffs about?

This document outlines how the Congressional Budget Office (CBO) projects tariff revenues, estimating that revenues from tariffs will total $872 billion from fiscal years 2025 to 2034. It explains the authority of Congress and the Administration to change tariff rates and describes the process by which CBO produces revenue estimates related to tariff changes. The document also details the methods CBO uses to project tariff revenues under current law and the effects of legislative and executive actions on th

Author

tax9654

Language

EN